China’s new and modern transportation network

Infrastructure is the mainstay of economic and social development

Beijing decided to step up infrastructure construction to stimulate domestic demand and economic growth.

This has been Chinese President Xi Jinping announced during a recent meeting of the Central Economic and Financial Commission chaired by the Chinese leader.

Infrastructure is the mainstay of economic and social development, President Xi Jinping said, calling on the country’s leadership to “strengthen development, ensure security, optimize configuration, structure, and function”. infrastructure development models and capabilities”.

Delegates attending the meeting recognized China’s achievements in creating large scientific and technical bases, projects on exploitation and protection of water resources, transport hubs, and infrastructure. information layer and state strategic reserve. At the same time, they agreed that the country’s infrastructure is still not up to the requirements of development and national security.

According to the news agencies, the additional investments will be directed towards infrastructure projects in the broadest sense, contributing to boosting industrial growth and protecting national security. The focus will be on transport, energy and water resources.

The Chinese government will also accelerate the construction of green and low-carbon energy facilities, improve the network oil and gas pipelines, and built a series of cargo and regional airports (more than 30 airports). Particular attention will be directed to the latest elements of infrastructure, including big data, supercomputers, cloud computing, artificial intelligence (AI) platforms, and ice. wide bandwidth.

Focus on development of transport, energy, high technology

China has created the network The longest high-speed railway in the world, about 38,000 km, and the largest road system linking all regions of the country. The length of highways in China is 170,000 km, almost double the number of the US, and in Russia is no more than 7,000 km. Metro lines in China also go up to 7,000 km. Last week, the city of Guangzhou, Guangdong province, introduced a new subway line, which runs at a speed of 150 km/h.

Under the plan, China is building a transportation network that will allow an hour to the nearest airport or high-speed train station and from one place to another in a few hours.

China has created the world’s largest broadband Internet, the largest 5G communication system, which has covered all the main industrial centers of the country. China leads the world in energy production from alternative sources and operating such new capacities. Its share (including hydroelectric, nuclear wind, solar and thermal power plants) in the country’s total energy balance is approaching 45%.

Infrastructure projects became the basis of the country’s rapid development, accumulating huge capital to invest in its own economy (and not to export abroad), stimulating domestic demand and expand the domestic market.

In the context of the new situation in the world, China’s plans show that it intends to focus more on domestic development, in order to create more impetus for the economy in the face of limitations and uncertainties from the pandemic. outside.

In recent years, China has invested heavily in the economies of the United States and Western Europe, as well as in the countries of the economic system. One Belt, One Road. Now China has decided to invest more in internal development, and the infrastructure here is the basis of all platforms.